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Lubricant maker United Global launches IPO on Catalist

Net proceeds - some S$9.2m - will be used for business expansion and general working capital

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Published Tue, Jun 28, 2016 · 09:50 PM

    Singapore

    A HOMEGROWN lubricant manufacturer has launched its initial public offering (IPO) on the Catalist board of the local bourse on Tuesday.

    United Global, which supplies to the industrial oils and lubricants sector and counts United Oil as a wholly owned subsidiary, offered 42.8 million new shares at S$0.25 apiece on the Singapore Exchange (SGX).

    united global

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